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Results (4,873+)
Brad Neihardt Deprecation question for BRRR
16 October 2024 | 7 replies
The cost basis includes:Purchase Price: The amount you paid for the property.Renovation Costs: Add the cost of improvements and remodels that significantly enhance the property's value.Closing Costs: Certain closing costs related to acquiring the property (like title fees) can be added to the basis.You will then allocate the total cost basis between the land (which isn't depreciable) and the building (which is depreciable over 27.5 years for residential properties).If you're unsure about how to allocate between land and building, you can use the allocation percentage from your property tax records or get an appraisal.This post does not create a CPA-Client relationship.
Malik Javed How to Allocate Land vs. Building Values for Investment Property
17 October 2024 | 4 replies
In situations where the county tax assessor’s land value is excessive, considering other options can yield significant permanent tax benefits that can be further enhanced by a cost segregation study.If you'd like to discuss this topic further, feel free to comment or DM.
Tim Porsche When and How Much to Lower Price on Flip
20 October 2024 | 8 replies
**Marketing Enhancements:** - **Highlighting Key Features**: Ensure that your listing photos and description emphasize all the positive aspects of the home (recent renovation, location in the Poconos, proximity to amenities).
Anastasia Rodriguez Any advice on rules or partner deals for MTR in Chicago?
13 October 2024 | 19 replies
In other words, when purchasing they don't really consider my projections for the enhanced (very enhanced) cash flow from the furnished operation (although they understand this business and I provide detailed financial information to them).   
Megan Paquet Nelson Hurricane/Flood and loss of Business Income
14 October 2024 | 16 replies
That said, you should still visit with your agent directly about your specific policy in hopes that they're aware of some loopholes or coverage enhancements within your policy that may respond on your behalf.  
Keith Barnum Second auction of property in 3 months...
13 October 2024 | 4 replies
Probably will look even better if the first buyer enhanced anything inside prior to this next auction.
Art Webb IRA to Roth IRA Conversion Strategy - Is this a sound strategy ?
11 October 2024 | 2 replies
You can influence your investment's performance through property improvements, rent adjustments, and savvy management... something you can't quite do with an annuity tied to obscure indexes.An Individual Retirement Account (IRA), particularly a Self-Directed IRA, can be used to invest in real estate and employ leverage to potentially enhance returns.
Jake Jones New to investing
10 October 2024 | 4 replies
BP is an excellent platform for enhancing your knowledge and building your network.
David Kanarek Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Henry the returns were 12 to 17% depending on amount invested and how long you locked up. the other thing that this fund invested in was  defunct brick and motor like radio shack  stien mart etc with the idea that they were going to turn those old name brands into  on line sales .
AJ Wong Dual Licensing: As a Realtor is it worth getting your NMLS mortgage broker license?
12 October 2024 | 9 replies
Without being a licensed mortgage professional some of these tools would not be available or more likely at the disposal of the marketplace and the 'research' or relationships they've cultivated with statistically limited mortgage experience..even as a professional great mortgage brokers and companies are hard to find...With 65%+ of residential transactions still involving a loans, real estate professionals with expertise in real estate financing will deliver enhanced value to their clients.